beamit

Mobile payments platform Remitly (formerly BeamIt), which allows U.S. users to transfer money overseas, has raised an additional $2.6 million, bringing its total raise to date to $5.1 million. The new investment comes from Trilogy Equity Partnership, making this a strategic move from Remitly, as Trilogy is known for its mobile expertise, investing in mobile startups like the… Read More

Mobile payments platform Beamit, which focuses on international money transfers between the U.S. and developing markets, has just closed a $2.4 million seed round led by Founder’s Co-op, with participation from Bezos Expeditions (the personal investment company of Jeff Bezos), TomorrowVentures (the investment vehicle for Eric Schmidt) and a small group of angel investors.
The funds will… Read More